C3.ai, Inc. $AI Shares Sold by Jupiter Wealth Management LLC

Jupiter Wealth Management LLC reduced its position in shares of C3.ai, Inc. (NYSE:AI) by 55.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,000 shares of the company’s stock after selling 6,250 shares during the period. Jupiter Wealth Management LLC’s holdings in C3.ai were worth $116,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Garde Capital Inc. bought a new position in shares of C3.ai in the 1st quarter worth about $29,000. Orion Capital Management LLC acquired a new position in C3.ai in the fourth quarter valued at approximately $34,000. CX Institutional acquired a new position in C3.ai in the first quarter valued at approximately $34,000. Raiffeisen Bank International AG acquired a new stake in shares of C3.ai during the 4th quarter worth approximately $36,000. Finally, Versant Capital Management Inc raised its position in shares of C3.ai by 417.5% during the 1st quarter. Versant Capital Management Inc now owns 1,868 shares of the company’s stock worth $39,000 after purchasing an additional 1,507 shares during the period. Institutional investors and hedge funds own 38.96% of the company’s stock.

Insider Buying and Selling

In other news, CFO Hitesh Lath sold 17,689 shares of the business’s stock in a transaction on Friday, June 27th. The stock was sold at an average price of $24.96, for a total transaction of $441,517.44. Following the sale, the chief financial officer directly owned 166,218 shares of the company’s stock, valued at $4,148,801.28. The trade was a 9.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Merel Witteveen sold 5,485 shares of the stock in a transaction on Monday, June 16th. The shares were sold at an average price of $23.95, for a total value of $131,365.75. Following the completion of the transaction, the vice president owned 13,740 shares of the company’s stock, valued at $329,073. This trade represents a 28.53% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,559,560 shares of company stock valued at $35,431,271. 26.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. DA Davidson reissued an “underperform” rating and set a $13.00 price target (down previously from $25.00) on shares of C3.ai in a report on Monday, August 11th. UBS Group decreased their target price on shares of C3.ai from $23.00 to $16.00 and set a “neutral” rating for the company in a research report on Thursday, September 4th. Northland Capmk cut C3.ai from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Piper Sandler decreased their price objective on C3.ai from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Thursday, May 29th. Finally, Canaccord Genuity Group reduced their price target on C3.ai from $28.00 to $16.00 and set a “hold” rating for the company in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $22.00.

C3.ai Stock Performance

Shares of AI stock opened at $15.74 on Wednesday. The business’s fifty day moving average is $21.88 and its 200-day moving average is $22.45. The stock has a market cap of $2.12 billion, a PE ratio of -6.05 and a beta of 1.96. C3.ai, Inc. has a 1 year low of $14.70 and a 1 year high of $45.08.

C3.ai (NYSE:AI) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.65). The business had revenue of $70.26 million during the quarter, compared to the consensus estimate of $104.02 million. C3.ai had a negative return on equity of 40.06% and a negative net margin of 92.08%.C3.ai’s revenue was down 19.4% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.05) earnings per share. C3.ai has set its Q2 2026 guidance at EPS. Equities research analysts predict that C3.ai, Inc. will post -2.44 earnings per share for the current year.

C3.ai Company Profile

C3.ai, Inc operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.